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20121222
20121222
Search Results 0 to 2 of about 3 (some duplicates have been removed)
isn't just to entertainment, it's education. call me. fiscal cliff talks. let's be optimistic. use the word stall. the president gave us a little hope tonight that an agreement to avert a middle class tax hike could still occur next week. saw the breakdown play hideously in the session today. nasdaq diving. it makes sense the market got a whacking when you consider that the speaker of the house didn't have enough votes in his own party to push through any tax increases and the president says there's got to be some. that's even for people making more than a million bucks. it was for show. the president would have vetoed the bill. tonight he's not about to let the rich get away with that. whatever that means. we have been worried that since the election the politicians won't rise above partisanship and come to an agreement. we at cnbc has taken an historic position. get a deal done for the good of the country. what faces us is worrisome. nation could see 2 million jobs loss. slashing of unemployment benefits when you are laying people out. dramatic increases in taxes for everyone. in
us with the details. good evening, jackie. >> good evening to you, larry. while markets finished lower on the day, they were higher on the week. the dow up about .5%, the nasdaq higher by 1.7%, and the s&p 500 up by roughly 1.2% over the last five days. meantime in terms of sector performance, the financials, they had a rough day. the plan "b" proposal for the fiscal cliff. up more than 3% for the week. also technology and materials they finished lower on the day, as well, but higher for the week. the worst-performing sectors this week, consumer staples, telco, and health care, and in terms of the individual stocks that we were watching on the s&p 500 nyse was bigger with a 30% upside after news of that $8.2 billion deal to be acquired by the intercontinental exchange. to the downside, it was electronic arts logging a loss on concerns there will be more scrutiny on violent video games in the coming days and weeks after that tragedy at sandy hook, elementary school. >> many thanks, appreciate it. >>> here now to talk to us dan greenhaus, you are, if i understand it, a fiscal cliff
Search Results 0 to 2 of about 3 (some duplicates have been removed)